Clorox said it still expects to earn $4.20 per share to $4.35 per share in fiscal 2013, with sales up 2 percent to 4 percent.

Clorox raised the U.S. price of bleach 12 percent last August to counter rising material costs that have cut into profits. Clorox, whose products include cleansers, charcoal, salad dressing and water filters, is more heavily exposed to volatile commodity prices than some larger peers. The commodities Clorox buys include resin, diesel, chlor-alkali and sodium hypochlorite.